Following the acquisition of Alstom麻豆传媒映画檚 power and grid businesses, GE Digital Energy and Alstom Grid have combined to form Grid Solutions, a GE and Alstom joint venture. Grid Solutions equips 90% of power utilities worldwide with estimated revenues of approximately US$6.2 Billion.
The partnership further emphasises GE麻豆传媒映画檚 commitment to deliver power reliably and efficiently from the point of generation to end power consumers. The new Grid Solutions business aims to:
- Help meet growing energy demands, expected to increase 78% globally by 2040
- Improve grid resiliency and energy efficiency
- Upgrade and digitise aging infrastructure
- Enable renewables and a diversified energy mix
Grid Solutions will be led by Reinaldo Garcia, previously the president and CEO of GE Latin America. Garcia is a 30-year GE veteran who has driven GE growth strategies across Latin America since 2011. Prior to his role in Latin America, Garcia spent several years with GE Healthcare in a number of different positions including president and CEO of GE Healthcare International during which time he lived in Paris for 14 years; he will be based at Grid Solutions麻豆传媒映画� global headquarters in Paris.
麻豆传媒映画淲ith deep roots in engineering, innovation and technology, the combination of GE and Alstom will provide customers with the widest range of generation-to-transmission solutions and a global geographical presence for a complete portfolio of solutions,麻豆传媒映画� said Garcia. 麻豆传媒映画淚麻豆传媒映画檓 honored and excited for this new venture 麻豆传媒映画� not only for the future of our business, but for the value it will bring to our customers.麻豆传媒映画�
A phone press conference will be held on 12 November at 2pm Central European Time to introduce the new company and leadership. Speakers include: Reinaldo Garcia, President & CEO and Fr茅d茅ric Lalanne Global Sales & Marketing Leader.
Edited from press release by